[ANN][OC] Orangecoin ★★ POS ★★ Anon Transactions ★★ Masternodes

[Jim_Rambler]

Downloaded a windows wallet and keeps getting stuck around half way, i already cleared my appdata roaming file, and still gets stuck, anything else i can do?

What block are you getting stuck around? There's been no forks to speak of, but wondering if you're getting stuck same place each time.
What wallet version are you using?

First go to the debug window under the help menu, How many connections do you have?

Then try going to the console tab
type getinfo on the command line and hit enter, do you see any errors at the bottom?

[1714882331]

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[1714882331]

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[1714882331]

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[1714882331]

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[Byter88]

Guess no errors? Latest version i suppose, i keep getting stuck on the same block.

{
"version" : "v1.0.2.0",
"protocolversion" : 60502,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 10000,
"moneysupply" : 50996130.00000000,
"connections" : 12,
"proxy" : "",
"difficulty" : 14.21459454,
"testnet" : false,
"keypoololdest" : 1402706365,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}

[Byter88]

Guess no errors? Latest version i suppose, i keep getting stuck on the same block.

{
"version" : "v1.0.2.0",
"protocolversion" : 60502,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 10000,
"moneysupply" : 50996130.00000000,
"connections" : 12,
"proxy" : "",
"difficulty" : 14.21459454,
"testnet" : false,
"keypoololdest" : 1402706365,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}

And i have 12 connections...

[Jim_Rambler]

please edit your post we dont need to see your ip

what platform are you running? windows?

[btcMagnet]

Jim,
   Does this mean you guys are looking into a auto adjusting MN payment system?  That would be quite a new idea/system, and if so should be announced if you guys are looking into this.  Would cause some serious investment...
  

NO

lol....  NO Jim is not considering anything new

And just bc I'm not using your un-needed idea, doesn't mean we have nothing new.

It is the price of all this that's getting old,
dark is paying nearly 10% of their cap a year
$3.9 million dollars
^^^^^^^^^^^^^^
Do you want to clone that bs because you are uncomfortable with any solution that isn't copy/paste?
because anyone that knows their way around a wallet network could implement and test the changes i propose in a few days [another coin following this thread for instance]

A new and innovated super-efficient transpay system would be a first in cc as Bloodpainter pointed out,
This idea of saving nearly 10% of your coin's yearly cap would certainly seriously stoke investments,
besides being a 1st-feather in the orange cap,
we could advertise anon for 1/20th or less the price drain others are paying

but there i go again thinking too big for follow-the-leader land

[xtsjyfx]

a fruit coin not a colour coin...or both...very unique?

[Halofire]

Guess no errors? Latest version i suppose, i keep getting stuck on the same block.

{
"version" : "v1.0.2.0",
"protocolversion" : 60502,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 10000,
"moneysupply" : 50996130.00000000,
"connections" : 12,
"proxy" : "",
"difficulty" : 14.21459454,
"testnet" : false,
"keypoololdest" : 1402706365,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}

And i have 12 connections...

1.0.3 is the newest version, not 1.0.2

[Jim_Rambler]

Jim,
   Does this mean you guys are looking into a auto adjusting MN payment system?  That would be quite a new idea/system, and if so should be announced if you guys are looking into this.  Would cause some serious investment...
   

NO

lol....  NO Jim is not considering anything new

And just bc I'm not using your un-needed idea, doesn't mean we have nothing new.

It is the price of all this that's getting old,
dark is paying nearly 10% of their cap a year
$3.9 million dollars
^^^^^^^^^^^^^^
Do you want to clone that bs because you are uncomfortable with any solution that isn't copy/paste?
because anyone that knows their way around a wallet network could implement and test the changes i propose in a few days [another coin following this thread for instance]

A new and innovated super-efficient transpay system would be a first in cc as Bloodpainter pointed out,
This idea of savings nearly 10% of your coin's yearly cap would certainly stoke investments,
besides being a 1st-feather in the orange cap,
we could advertise anon for 1/20th or less the price drain others are paying

but there i go again thinking too big for follow-the-leader land

This is a warning to the community!!! btcMagnet not only has posted here under multiple accounts, but he has dumped coins at the same time as his post to manipulate the price. This user has bad intentions for OC, at this point he has the look a failed Dev and is trying to take over our great coin. I take this as a compliment of how great OC is, however what I have seen and the PM's I have gotten show me this user is no good.      

[Bloodpainter]

I just want to point out, I don't have any affiliations with btcmagnet, but I think in terms of innovation we are in a somewhat level plane of what needs to happen over time in the crytpo scene for successful coins, not with specific ideas, but with advancement.  Anon is what I would call mid-life in terms of a needed feature cycle between all crypto currencies, and in a couple months this will be a standard feature, I just want to see unique features, ones which separate this coin from the others, and I appreciate all the work you devs have put into this coin, and as I said before, I really appreciate all the inner workings and open talks that this coin has, that in itself IS different.

A member like btcMagnet, while he may seem angry or offensive at times, in this thread actually is not drown out by zealots of this coin whereas in other threads he would be silenced rather quickly over the wave of hatred, a feature of the thread/coin I have invested in actually.

Jim, glad to hear you guys have other stuff planned out, and I don't care if you would use my half baked idea anyhow, I only have a very basic programming experience, so I wouldn't even begin to understand the undertaking that would be.

The only thing I ask of you guys from an investment angle, is that I hope you guys don't do pre-announcements to pre-announcements, just release it when it is ready.  I read a quote from another thread that I really liked:
  
  Better to not announce anything and release something amazing that no one expected, than to announce something and be an hour late, we want the former panic, not the latter  

[btcMagnet]

Jim,
   Does this mean you guys are looking into a auto adjusting MN payment system?  That would be quite a new idea/system, and if so should be announced if you guys are looking into this.  Would cause some serious investment...
  

NO

lol....  NO Jim is not considering anything new

And just bc I'm not using your un-needed idea, doesn't mean we have nothing new.

It is the price of all this that's getting old,
dark is paying nearly 10% of their cap a year
$3.9 million dollars
^^^^^^^^^^^^^^
Do you want to clone that bs because you are uncomfortable with any solution that isn't copy/paste?
because anyone that knows their way around a wallet network could implement and test the changes i propose in a few days [another coin following this thread for instance]

A new and innovated super-efficient transpay system would be a first in cc as Bloodpainter pointed out,
This idea of savings nearly 10% of your coin's yearly cap would certainly stoke investments,
besides being a 1st-feather in the orange cap,
we could advertise anon for 1/20th or less the price drain others are paying

but there i go again thinking too big for follow-the-leader land

This is a warning to the community!!! btcMagnet not only has posted here under multiple accounts, but he has dumped coins at the same time as his post to manipulate the price. This user has bad intentions for OC, at this point he has the look a failed Dev and is trying to take over our great coin. I take this as a compliment of how great OC is, however what I have seen and the PM's I have gotten show me this user is no good.      

[wow i struck a nerve with that last post, which explains a lot Jim]

nothing but more double talk bs to distract from the point
i have another account but i haven't done anything evil with it lol

the other crap about me dumping coins is a plain lie,
im too smart to give away oc at this price, which i bet most ppl can tell
anyone that can read will detect my motives here, they are transparent, same as yours are lol

and when it comes down to believing figures (that you provided btw lol) or believing you,
i know... if there was anybody here besides me, they would believe the math, not the mouth

and like i said before the community isn't here, only the circling birds are speaking.

and since you like my last post so much ill reprint it a couple of times for ya,
hoping maybe somebody else who's paying for all this 'greed and/or stupidly'
will see how much juice is being porked-out here and speak up.

[damiano]

Been lurking in here for a bit and the conversation in here is interesting.

[btcMagnet]

Been lurking in here for a bit and the conversation in here is interesting.

well you've stumbled onto a great coin stranger
don't mind us, we're just making sure there are no seeds
welcome

[Halofire]

582 members at Orangecoins.info/forum! Wow!

1.5 days left to the ART CONTEST! 30K in prizes! Enter today!

[Byter88]

please edit your post we dont need to see your ip

what platform are you running? windows?

Running windows 7, Downloaded new 1.0.3 version and still doing same thing.

[Byter88]

Guess no errors? Latest version i suppose, i keep getting stuck on the same block.

{
"version" : "v1.0.2.0",
"protocolversion" : 60502,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 10000,
"moneysupply" : 50996130.00000000,
"connections" : 12,
"proxy" : "",
"difficulty" : 14.21459454,
"testnet" : false,
"keypoololdest" : 1402706365,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}

And i have 12 connections...

1.0.3 is the newest version, not 1.0.2

Just downloaded 1.0.3 and still doing the same thing, gonna give it more time...also forgot to remove my ip address from my info, do you mind editing it out? Thanks

[btcMagnet]

Jim,
   Does this mean you guys are looking into a auto adjusting MN payment system?  That would be quite a new idea/system, and if so should be announced if you guys are looking into this.  Would cause some serious investment...
  

NO

lol....  NO Jim is not considering anything new

And just bc I'm not using your un-needed idea, doesn't mean we have nothing new.

It is the price of all this that's getting old,
dark is paying nearly 10% of their cap a year
$3.9 million dollars
^^^^^^^^^^^^^^
Do you want to clone that bs because you are uncomfortable with any solution that isn't copy/paste?
because anyone that knows their way around a wallet network could implement and test the changes i propose in a few days [another coin following this thread for instance]

A new and innovated super-efficient transpay system would be a first in cc as Bloodpainter pointed out,
This idea of saving nearly 10% of your coin's yearly cap would certainly seriously stoke investments,
besides being a 1st-feather in the orange cap,
we could advertise anon for 1/20th or less the price drain others are paying

but there i go again thinking too big for follow-the-leader land

I have to credit the above re-post to Jim, he showed me how powerful it was, hell i honestly didn't know.
Also he provided the community with that 3.9 mil dollar figure, which i thought was the turning point that could save us from having to endure these pork pies.  so thx to Jim, well done!

EDIT: see damiano... we're just one big happy family here

[Specialkey]

582 members at Orangecoins.info/forum! Wow!

1.5 days left to the ART CONTEST! 30K in prizes! Enter today!

Big traffic today on OC  

Good time for a vote  

[salsero]

Ok while playing with a few ways to implement this I can see I need to do more testing on this, I really don't want to shoot you down at the first sign this won't work. However this system that has been purposed, leaves us very vulnerable for attacks. The amount of MN just cant be this easy to manipulate, the amount of MN must remain higher then the request load at all time as to not allow attacks. Also this number can't be a moving variable based of a public demand so easily changed. This is why the price of 2000 OC has been set with a fixed compensation (reward %) as a way to control how many MN there are. Bc that number can't be moved up and down easily. I will work more on this to see if there is a way to secure it with some sort of almost Diff re-target equation. I'm still convinced that set amounts with stable long gradual number fluctuations is our most secure way to do this.        

We have to build in some method for discovering the market value of the service, ie what the job is worth.  
In other words if a given mnode handles say 1% of our traffic (on say an average month) do we buy em (with OC) a hamburger, a hat, or a hummer?

The only way to find out is to offer them something and see if they show up, that's market price discovery.
(and in the beginning we have to make sure that this offer is more than enough)

If ppl are lining up to do this for say a hamburger a week (ie what a hamburger cost today if you paid in OC), were good.
if not lining up, we offer a hat, or 2 hats...
no line yet?...  20, 100, or 200 hats, then a hummer, whatever it takes.

But long before we get to the hummer or even 200 hats, somebody will take the job.
because they decided there is enough profit in it for their time, investment, and trouble.

So in order to perceive the market, someone, or thing (cpu), has to bid, either the Mnodes, the devs, or the wallets (i think it should wallets).
At some point, with all our relevant commodity prices in flux, somebody has to offer a new price (this offer being a query to the market), based on historical time/investment for the task, the market will react to the new price (this reaction being the market's answer to the query).

Periodically (hourly, daily) somewhere in the system one of the three available entities (wallet, devs, MN operators) has to rediscover the value (purchasing power) of transfer cost.  This is what takes the blindness out of our payment play.

This entity will look at the value of oc and try to readjust the amount offered to equal the amount of purchasing power we currently wish to pay for the task.

The amount of purchasing power we award/offer for a given node depends on how much more, or less, Mnode availability the market needs to stay vibrant.

In other words, do we need to pay an mnode operator the price of a hamburger, a hat, or a hummer for say every month of working for us? Time will tell very quickly and updates will be built into this system cycle.

So this price setting entity also needs to be able to perceive the condition of the trans network at any time:
Is the network satisfactory?  Are there enough nodes available for smooth transfer?  If 100 wallets tried to make transfers in the next 10 min would there be enough MN resources?

If this entity perceives the network as adequate, the price/offer stays the same. if the network appears deficient, the entity offers more, if there's a substantial surplus of node availability, the entity lowers the offer.

With this offer now standing, the market responds, answering the question "is this enough?" if the answer is yes, nodes will want to work and our network availability checks will show an adequate trans availability during these periods between price adjustments.  

Notice that these price awards could change every five minutes if needed. The value of OC and 'the cost/time involve with the task' are both subject to change, our system has to compensate for these two fluctuation, oc being the more volatile obviously.

In this (wallet entity) approach the market is responding to our standing [but changing] offer, as opposed to us responding to their multiple bids, which i think is cleanest.

Ok I'm going to try and explain to you another way because your making to much work out of this. I have decided just to trust your word about your intentions and will try to explain this all to you. You must first stop looking at this like we are paying on a per-transation bases for this, and that its a service. It is only a diffrent way to send your coins, that takes a certain set up to do such. MN are no more a service then PoS, so enough look at it like a service.

When a MN is set up all it is doing is SHIFTING coins from hot active wallets to locked wallets. This is not some 3rd party entity, these is our own coins just in a different type of wallet that is it. Ok time for the math

year 1 if you have a wallet with 2000 OC in it and your sitting there looking at it thinking should I SHIFT my OC to a MN. ANYONE would say let me do the math and see if it is worth doing or not. Ok 2000 OC in the first year if stacked on time, stacks 24.333 time every 365 days. So 2000 OC earn 400 OC PoS in that first year. Now any investor such as yourself would simply go look at the number of MN then divid the reward amount and add the cost of the server. They get the number X and if X is less then 400 OC then they just keep the OC in their wallet.

If the server cost are around 2000 OC (for 2000 OC to = $60, price/OC need = $0.03) then there can be
416 MN.

(the more OC SHIFTED in to MN the more EVERYONE stacking PoS makes)
(the more MN available the more stable and secure the MN system is to attack, The more MN the more random the selection of which MN will process the transaction.)

So let us look at what this means, to have an SELF adjusting system like this.

So the number of MN will be controlled by what the 2000 OC would have stacked PoS + server cost ($60) divided by rewards paid to MN. Also there will be a new PoS amount bc the MN coins no longer get PoS and that leaves more for the coins left in PoS. Remember the 2000 OC would only get 400 with out MN.
 
Value of OC in $        # of MN        new PoS
 $0.03                         416               406.7
 $0.08                         869               414.4

And so on...

 You keep adding $ in to this and only saying that MN are a service, and not referring to PoS as a service as well as leaving out PoS earnings in $.

YOU need to understand that the amount of OC that will be given out to MN will only me slightly higher then PoS earnings on the same 2000 OC. And this will all happen on its own, without complex wallets and bidding.  

a free live market is the only way to avoid this ludicrous overpaying were talking about
and no free market sys is possible without some form of 'price discover'
which your approach doesn't seem to be including
this 'price discover' is your only eye on the changing market,
without it you're blind, ie in the dark (pun violation.. sry)

You may be making to many suppositions about what we need to do here.
i believe we only need to establish a flawless anon transfer network.

if were going to escape darks overpaying we have to color outside the lines now.
[and notice orange was always the brightest crayon in the box lol]
we need a different approach, new ideas, this is a time for innovation.

My suggestion is NOT likely to be the best solution possible,
so improve on it, come up with a new one, (which includes price discovery)

with 'wallet controlled transpay' the software intrusion appears minimal, less complicated than what was being proposed.
im sure there are a thousand ways that would work, it's not rocket science ya know, just a moon shot lol.

a method of Self Discovery might be hard. The wallets have to track the Market/Exchange.

Why not have some sort of voting system in the wallet itself that way it will be more Democratic.

example... Heavycoin had the initial payout schedule democratically voted for from the wallet itself.

"Decentralized Block Reward Voting - the mining schedule and money supply are democratically decided (total supply is still bounded to 128M)"

We could do something similar for the MasterNodes and if Orangecoin gets really high in price we can vote to lower the coin Payouts.

Just a thought...

[daxiake]

buy cheap oc,join the growing community.we will be one of the big five coins.

[btcMagnet]

Jim,
   Does this mean you guys are looking into a auto adjusting MN payment system?  That would be quite a new idea/system, and if so should be announced if you guys are looking into this.  Would cause some serious investment...
   

NO

lol....  NO Jim is not considering anything new

And just bc I'm not using your un-needed idea, doesn't mean we have nothing new.

It is the price of all this that's getting old,
dark is paying nearly 10% of their cap a year
$3.9 million dollars
^^^^^^^^^^^^^^
Do you want to clone that bs because you are uncomfortable with any solution that isn't copy/paste?
because anyone that knows their way around a wallet network could implement and test the changes i propose in a few days [another coin following this thread for instance]

A new and innovated super-efficient transpay system would be a first in cc as Bloodpainter pointed out,
This idea of savings nearly 10% of your coin's yearly cap would certainly stoke investments,
besides being a 1st-feather in the orange cap,
we could advertise anon for 1/20th or less the price drain others are paying

but there i go again thinking too big for follow-the-leader land

This is a warning to the community!!! btcMagnet not only has posted here under multiple accounts, but he has dumped coins at the same time as his post to manipulate the price. This user has bad intentions for OC, at this point he has the look a failed Dev and is trying to take over our great coin. I take this as a compliment of how great OC is, however what I have seen and the PM's I have gotten show me this user is no good.      

hmmm this stuff about me taking over your great coin deserves an answer
if only to demonstrate your level of accuracy when reporting to ppl

it's true, i could write and test the needed code.
but it might take a few days, and i don't have em atm.

and even if the devs got together and offered me oc, i wouldn't take it
as an investor, such a transfer would be questionable ethics at best, and probably felonious on the back end, im not the type to test it out, don't need to.
 
But just for the rec i hereby officially decline any such offer in advance.

hopefully you can sleep a little better tonight, didn't mean to scare you,

and thx for helping illustrate your level of credibility.
frankly i think you've done more in a day, to guide ppl away from this proposed hemorrhaging,
than i accomplished in a week.

so keep it up, but leave something for me to tell em ok?